M&A Deal Summary

Laborie Medical Technologies Acquires Clinical Innovations

On December 20, 2019, Laborie Medical Technologies acquired medical products company Clinical Innovations from EQT for 525M USD

Acquisition Highlights
  • This is Laborie Medical Technologies’ 10th transaction in the Medical Products sector.
  • This is Laborie Medical Technologies’ 2nd largest (disclosed) transaction.
  • This is Laborie Medical Technologies’ 6th transaction in the United States.
  • This is Laborie Medical Technologies’ 1st transaction in Utah.

M&A Deal Summary

Date 2019-12-20
Target Clinical Innovations
Sector Medical Products
Buyer(s) Laborie Medical Technologies
Sellers(s) EQT
Deal Type Add-on Acquisition
Deal Value 525M USD

Target

Clinical Innovations

Murray, Utah, United States
Clinical Innovations LLC is a developer, manufacturer, and market state-of-the-art medical devices that improve healthcare outcomes for clinicians and their patients worldwide. With particular emphasis on healthcare solutions for women and their infants, Clinical Innovations employs high-quality standards in every aspect of the business to make advancements in technology and bring innovative ideas to life.

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Buyer(S) 1

Buyer

Laborie Medical Technologies

Portsmouth, New Hampshire, United States

Category Company
Founded 1967
Sector Medical Products
DESCRIPTION

Laborie Medical Technologies is a manufacturer and supplier of pelvic health and gastrointestinal medical equipment and consumables. Since its founding in 1967, Laborie has been committed to delivering innovative, complete solutions that provide better diagnostics and treatment outcomes to patients worldwide. Laborie Medical Technologies was founded in 1967 and is based in Portsmouth, New Hampshire.


DEAL STATS #
Overall 11 of 15
Sector (Medical Products) 10 of 14
Type (Add-on Acquisition) 10 of 14
State (Utah) 1 of 1
Country (United States) 6 of 10
Year (2019) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-12 Cogentix Medical

Minnetonka, Minnesota, United States

Cogentix Medical is a designer, developer, manufacturer and marketer of products for flexible endoscopy with our unique PrimeSight™ product lines featuring a streamlined visualization system and proprietary sterile disposable microbial barrier providing users with efficient and cost effective endoscope turnover while enhancing patient safety.

Buy $214M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-12 Pelvalon

Santa Clara, California, United States

Pelvalon is a developer of product called the Eclipse™ System, a non-surgical, patient-controlled device for women suffering from fecal incontinence (FI). FI is a pelvic floor disorder that affects one in ten women. Pelvalon was founded in 2010 and is based in Santa Clara, California.

Buy -

Seller(S) 1

SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 126 of 186
Sector (Medical Products) 9 of 12
Type (Add-on Acquisition) 52 of 72
State (Utah) 1 of 1
Country (United States) 11 of 27
Year (2019) 14 of 14
Size (of disclosed) 25 of 42
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-20 PSM International

Wales, United Kingdom

PSM International is a multinational full-service provider of fastening solutions to a diverse customer base in the automotive, notebook, mobile phone, and general manufacturing industries. PSM International was founded in 1931 and is based in Wales. England.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-03 SHL Medical

Zug, Switzerland

SHL Medical is a developer and manufacturer of advanced drug delivery systems such as autoinjectors and partners to global pharma and biotech firms. SHL Medical was founded in 1989 and is based in Zug, Switzerland.

Buy -